Aruban florin

Aruban florin
Arubaanse florijn (Dutch)
ISO 4217 code	AWG
User(s)	Aruba (Kingdom of the Netherlands)
Inflation	4.1%
Source	Centrale Bank van Aruba, September 2006
Method	CPI
Pegged with	U.S. dollar = 1.79 florin
Subunit
1/100	cent
Symbol	Afl.[citation needed]
Plural	florin
cent	cent
Coins	5, 10, 25, 50 cent, 1, 2½, 5 florin
Banknotes	10, 25, 50, 100, 500 florin
Central bank	Central Bank of Aruba
Website	www.cbaruba.org
Printer	Joh. Enschedé
Website	www.joh-enschede.nl

The florin (sign: Afl.;^{[citation needed]} code: AWG) is the currency of Aruba. It is subdivided into 100 cents. The florin was introduced in 1986, replacing the Netherlands Antillean guilder at par.

History

The florin was introduced in 1986, replacing the Netherlands Antillean guilder at par. The currency has maintained the peg inherited from the gulden of 1.79 florin per 1 U.S. dollar.

Coins

In 1986, coins were introduced in denominations of 5, 10, 25 and 50 cents, 1 and 2½ florin. Later on the 5 florin note was replaced by a square coin and the 2½ coin was discontinued. The 5 florin was later on in 2005 replaced with a round golden coin. All coins are struck in nickel-bonded steel with exception of the 5 florin which is a combination of copper and other metals. The 50 cent is the only square-shaped coin remaining, also known as "yotin".^{[citation needed]}

Banknotes

Banco Central di Aruba (Central Bank of Aruba) introduced banknotes in denominations of 5, 10, 25, 50 and 100 florin and dated January 1, 1986^[1]. In 1990, the bank issued the same denominations in a colorful new family of notes designed by Aruban artist Evelino Fingal. As director of the Archaeological Museum, Fingal found inspiration in old Indian paintings and pot shards. Fingal combined decorative motives found on pre-Columbian pottery with pictures of animals unique to the island. 500 florin notes were introduced in 1993, with the 5 florin note replaced by a coin in 1995.

Current AWG exchange rates
From Google Finance:	AUD CAD CHF EUR GBP HKD JPY USD
From Yahoo! Finance:	AUD CAD CHF EUR GBP HKD JPY USD
From OzForex:	AUD CAD CHF EUR GBP HKD JPY USD
From XE.com:	AUD CAD CHF EUR GBP HKD JPY USD
From OANDA.com:	AUD CAD CHF EUR GBP HKD JPY USD

See also

• Economy of Aruba
• Central banks and currencies of the Caribbean

References

1. ^ Linzmayer, Owen (2011). "Aruba". The Banknote Book. San Francisco, CA: BanknoteNews.com. http://banknotebook.com. Retrieved 2011-08-21. 

• Krause, Chester L. and Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed. ed.). Krause Publications. ISBN 0873411501. 
• Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9. 

External links